Cyrus Mistry resigns from 6 Tata Group companies
Cyrus Mistry resigned from 6 Tata Group companies on Monday. Mistry recused from all the EGMs scheduled later this week. He vowed to continue the fight to improve governance within the $100 billion conglomerate.
Dec 19, 2016, 19:21 PM IST
Bombay High Court hearing on Nusli Wadia removal suit on Friday
Tata Steel on Thrusday said the Bombay High Court will on Friday hear the suit filed by four shareholders challenging the proposed removal of industrialist Nusli Wadia as an independent director on the company board.
Dec 15, 2016, 16:28 PM IST
Nusli Wadia's fresh letter to Tata Motors' shareholders alleges lapses in governance
In a fresh letter to shareholders of Tata Motors, Nusli Wadia, an independent director on board of various Tata companies, has alleged lapses in governance at the auto maker.
Dec 14, 2016, 12:49 PM IST
Tata planning to keep UK Port Talbot plant operational: report
Indian steel giant Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK's biggest steelworks, fully operational, a media report said today.
Dec 06, 2016, 18:11 PM IST
Tata Steel Europe earning negative returns; poses risk to overall group: Cyrus Mistry
Cyrus Mistry has made a representation to the Board of Directors of Tata Steel defending his leadership ahead of the December 21 EGM which would consider his as director of Tata Steel.
Dec 06, 2016, 15:43 PM IST
Tata Power board meeting today: Will Cyrus Mistry's be removed as its Chairman?
Despite being removed as Chairman of Tata Sons, Mistry continues to head some group firms and is on boards of many.
Nov 29, 2016, 10:31 AM IST
Tata Steel signs pact with Liberty House Group for sale of UK Speciality Steels operations
Tata Steel on Monday clinched a pact with UK-based Liberty House Group that allows it to start exclusive talks for potential sale of its Speciality Steels business for an enterprise value of 100 million pounds subject to due diligence and corporate approvals.
Nov 28, 2016, 18:47 PM IST
Tata, Liberty House in talks on UK Speciality Steels business sale for Rs 854 crore
Tata Steel on Monday said it has inked an agreement with Liberty House Group, led by India-origin businessman Sanjeev Gupta, to start negotiations for sale of its UK Speciality Steels business for about Rs 854 crore.
Nov 28, 2016, 17:27 PM IST
Cyrus Mistry, Nusli Wadia to contest removal from 2 Tata firms at EGMs
Locking horns with Tata Sons, ousted chairman Cyrus P Mistry and his supporter, independent director Nusli N Wadia, will contest the proposal to remove them from boards of Tata Steel and Tata Chemicals by making written and oral representation to shareholder.
Nov 26, 2016, 19:45 PM IST
Cyrus Mistry, Nusli Wadia likely to address shareholders at Tata Steel EGM
Tata Steel's ousted Chairman Cyrus Mistry and Board Director Nusli Wadia are likely to address shareholders at the December 21 extraordinary general meeting (EGM) to present their side of the story in the ongoing Tata-Mistry board room battle.
Nov 26, 2016, 18:39 PM IST
Tata Steel replaces Cyrus Mistry with OP Bhatt as interim chairman; calls EGM on December 21
The 10-member board of Tata Steel by "majority consent" removed Mistry as Chairman and named O P Bhatt, an independent director and former head of State Bank of India, as interim head.
Nov 25, 2016, 20:08 PM IST
Tata Steel removes Cyrus Mistry as chairman, appoints OP Bhatt in his place
Tata Steel on Friday removed Cyrus Mistry as chairman and appointed OP Bhatt in his place.
Nov 25, 2016, 19:22 PM IST
Cyrus Mistry does U-turn on Corus, TCS as Tata veterans trash claims
Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman partially retracting his remarks.
Nov 23, 2016, 21:52 PM IST
Nusli Wadia serves second defamation notice to Tata Sons in two days
Zee Media Bureau
New Delhi: Just a day after sending a defamation notice to the Tatas on Monday, industrialist Nusli Wadia on Tuesday sent another to Tata Sons.
Nov 22, 2016, 23:38 PM IST
Tata Sons issues notices to Tata Motors, Tata Steel for removal of Cyrus Mistry, Nusli Wadia
Tata Motors and Tata Steel on Friday informed the stock exchanges that they have received notices from Tata Sons for the removal of Chairman Cyrus Mistry and Independent Director Nusli Wadia from the boards of the two companies.
Nov 11, 2016, 18:11 PM IST
Tata Sons asks Tata Steel to hold EGM to remove Cyrus Mistry, Nusli Wadia
Tata Steel on Friday said it has been directed by promoter, Tata Sons, to convene an extraordinary general meeting (EGM) to remove the steel major's Chairman Cyrus P Mistry and independent director Nusli N Wadia.
Nov 11, 2016, 17:54 PM IST
Tata Steel to decide on future in UK in 4 weeks: Report
Ratan Tata, who was appointed interim chairman of Tata Group after Cyrus Mistry's unceremonious exit recently, is keen to keep the UK steelworks part of the conglomerate and will make a decision in this regard within four weeks, a media report said on Friday.
Nov 04, 2016, 17:56 PM IST
Cyrus Mistry is still chairman of Tata Motors, TCS, Tata Steel; has no plans to quit
Digging in his heels after being ousted as Chairman of Tata Sons, Cyrus Mistry plans to continue as Chairman of all Tata group firms, including Tata Steel, TCS and Tata Motors.
Nov 03, 2016, 16:39 PM IST
Tata Steel says no change in European consolidation strategy
Tata Steel today said it continues to pursue European consolidation strategy and is in talks with Thyssenkrupp AG for potential JV for European steel business, following purported disclosure from ousted chairman Cyrus Mistry that some group firms could face a potential writedown of USD 18 billion.
Oct 28, 2016, 12:20 PM IST
Tata Group stocks bounce up to 5.6% after 3 days of fall
Tata group stocks on Friday bounced back after three days of continuous decline, rising up to 5.6 percent, on value-buying at a lower level.
Oct 28, 2016, 12:14 PM IST
